02/06/2008 Shell Exploration Company B.V. (Shell) and Arrow Energy Ltd. (Arrow), have signed a preliminary agreement to jointly develop projects to extract clean-burning natural gas from coal deposits in Australia, China, Indonesia, Vietnam and India. The alliance with Australian company Arrow will
Tokyo, May 29, 2008 – Mitsubishi Heavy Industries, Ltd. (MHI), has completed the construction of the world’s first 3-stage reverse osmosis (RO) desalination plant in Rabigh, the Kingdom of Saudi Arabia. Employing the arrangement to serially connect three RO membrane units, this plant has an advantag
After a height-month short building, the IMOCA 60’ monohull DCNS Marc Thiercelin will sail for the Vendée Globe 2008, was launched in Vannes on May 31st. A wonderfull machine, refined in depth, perfectly designed for the French sailor for his 5th round-the-world race including his 4th solo.
News – June 2, 2008 The Herald Sun newspaper reports that the dredger Cornelis Zanen, dubbed ‘CoZa’, has begin dredging toxic sediments from the Yarra River Channel in Australia. Port of Melbourne Corporation CEO Stephen Bradford said measures were in place to minimise disruption to marine life and
New Vessels – June 2, 2008 The keel laying ceremony for the trailing suction hopper dredger Vox Dubai took place on Friday May 30th at the Kinderdijk shipyard of IHC Dredgers, a subsidiary of the IHC Merwede group. Vox Dubai will be the largest trailer ever built in The Netherlands, and is being bui
We have become aware that some Seago 150 and 175 Newton Lifejackets including Junior Lifejackets may have a defect which could result in serious injury. The lifejackets are marked with a manufacture date in roman numerals, for instance the last quarter of 2005 is shown IV/05. The quarters concerned
With some big prizes and a prestigious title at stake, the scene is hotting up for the 2008 edition of the Volkswagen Touareg King of Cowes at Skandia Cowes Week, which takes place on Friday 1 August. The inaugural event, in 2007, saw Alistair Richardson crowned “King of Cowes” and drive away with a
29 May 2008 – Today, Aker Solutions will open its new ‘Well Intervention Academy,’ in Stavanger, Norway. This facility will give new generations of offshore operators and engineers first hand experience in critical well intervention activities. The centre consists of an intervention tower, two test
Vopak and First Reserve Corporation today announced the completion of the acquisition of the Bahamas Oil Refining Company (BORCO) oil storage terminal in Freeport, Bahamas. The equity value of the new company amounted to $550 million, split 80%-20% between affiliates of First Reserve Fund XI, L.P. a
NEW YORK, May 29 /PRNewswire-FirstCall/ – Genco Shipping & Trading Limited (NYSE: GNK – News) today announced that it has reached an agreement to commence a time charter for the Genco Hadrian, a Capesize newbuilding, with Cargill International S.A. for 46 to 62 months at a rate of $65,000 per day, l
Tampa, FL – May 29, 2008 – Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX), the world leader in the field of deep-ocean shipwreck exploration, today filed Admiralty Arrest Complaints in the U.S. District Court for the Middle District of Florida on two separate shipwreck sites recently discovered b
Ancona, Italy – The mast and the boom of the Wally 148 Saudade have been successfully installed and the trials of the mega yacht are scheduled to start the first week of June. The 59.5-meter (196-foot) mast by Hall Spars is built with high modulus MS40 unidirectional pre-preg carbon fiber, it carrie
Production resumed on the Statfjord A platform today, 28 May, after four days of shutdown due to an oil leak Saturday 24 May
At 00:01 GMT today, ICAP Leopard – the Farr designed 100 foot super maxi yacht owned by Mike Slade – officially began her transatlantic speed record attempt from Ambrose Light, off New York. In order to beat the current record of eight days, three hours and 29 minutes set by 246ft yacht Phocea in Ju
